Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
A curtailed currency devaluation and slow privatisations cloud the outlook for stabilising Egypt’s external finances. Meeting IMF conditions is critical for shoring up reserves and investor confidence.